Post #11580

Step Finance has been hacked - around $29M in SOL stolen Onchain data reveals that approximately 261,854 SOL were unstaked and transferred during the incident. At SOL's price on Jan 31 (when the hack occurred), the transfers represent roughly $29M in value, per blockchain security firm CertiK. Treasury wallets were compromised by a sophisticated actor during APAC hours. This was an attack facilitated through a well-known attack vector. $STEP token, which powers governance and staking rewards for the protocol, dropping more than 82.5% over the past 7D • Current $STEP price: $0.0039 • Current FDV: $1.4M 🔗theblock.co/post/387919/solana-defi-platform-step-finance-investigating-29-million-treasury-wallet-compromise @TOP7ICO